Global private equity funds Partners Group, CVC Capital, Blackstone and Barings are in talks to raise more than $1 billion in total in syndicated loans primarily to fund their targeted acquisitions in India, multiple people with knowledge of the matter told ET.
The development sets the stage for a record mop-up for buyout financing in India in 2022, building on an unprecedented alternate capital investment flow into Indian companies last year when total PE inflows touched a new high of $63 billion.
ANZ, Barclays, Citigroup, Credit Suisse, Deutsche Bank, HSBC, ING, Investec, Nomura and Standard Chartered Bank are some of the banks involved in the syndication facilities to help the funds to raise capital, sources said.
Read more: Economic Times
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